Maryland Statutes

§ 12-1107

Maryland·Article gcl Commercial Law·Title 12
(a)A lessor shall provide the consumer with a written receipt for each payment under a rental–purchase agreement made in person by cash or money order, or, if the payment is made in any other form, on request.
(b)The written receipt shall contain the:
(1)Total amount paid;
(2)Total amount due that week or month; and
(3)Total remaining rental payments necessary to acquire ownership of the item.
(c)The lessor shall provide the consumer with a written statement of account within 3 days after the consumer’s request.

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Nearby Sections

15
§ 12-1001
§ 12-1001
§ 12-1002
§ 12-1002
§ 12-1003
§ 12-1003
§ 12-1004
§ 12-1004
§ 12-1005
§ 12-1005
§ 12-1006
§ 12-1006
§ 12-1007
§ 12-1007
§ 12-1007.1
§ 12-1007.1
§ 12-1008
§ 12-1008
§ 12-1009
§ 12-1009
§ 12-101
§ 12-101
§ 12-101.1
§ 12-101.1
§ 12-1010
§ 12-1010
§ 12-1011
§ 12-1011
§ 12-1012
§ 12-1012
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